RFSCOM
Dissolution or liquidationFinancials · financial year 2025, micro format
2025 annual accounts filed late (34 days) Filed on 20 March 2026, deadline 14 February 2026 (7 months after the close on 14 July 2025, Companies Code art. 3:10). Source: NBB, 2026-00062109.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3,213
2025 · €465
Working capital
-€28,900▼ 12.5%
2025 · -€25,687
Trend over the years
2022 to 2025, 5 financial years 2019 to 2025, 8 financial years
Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€3,213
2025
Net result-€3,213
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€110,128
2025
Equity€35,662
2025
Debt€74,467
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€28,900
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-2.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency32.4%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.00
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 26, Manufacture of computer, electronic and optical products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252025
Operating result€2,778--€4,317-€10,089▼ 134%-€10,047▲ 0.4%-€521▲ 94.8%€2,385€509▼ 78.7%-€3,213-
Net result€2,778--€4,317-€10,128below the sector's middle half▼ 135%-€10,047below the sector's middle half▲ 0.8%-€547within the sector's middle half▲ 94.6%€2,344within the sector's middle half€465within the sector's middle half▼ 80.2%-€3,213within the sector's middle half-
Equity€61,102-€56,785▼ 7.1%€46,658within the sector's middle half▼ 17.8%€36,611below the sector's middle half▼ 21.5%€36,065below the sector's middle half▼ 1.5%€38,409within the sector's middle half▲ 6.5%€38,874within the sector's middle half▲ 1.2%€35,662within the sector's middle half-
Total assets€158,331-€152,593▼ 3.6%€138,091within the sector's middle half▼ 9.5%€128,044below the sector's middle half▼ 7.3%€128,649below the sector's middle half▲ 0.5%€119,482within the sector's middle half▼ 7.1%€110,128within the sector's middle half▼ 7.8%€110,128within the sector's middle half-
Debt€97,229-€95,808▼ 1.5%€91,434▼ 4.6%€91,434=€92,584▲ 1.3%€81,073▼ 12.4%€71,254▼ 12.1%€74,467-
Working capital-€3,544--€16,349▼ 361%-€23,428below the sector's middle half▼ 43.3%-€23,428below the sector's middle half=-€23,974below the sector's middle half▼ 2.3%-€24,119below the sector's middle half▼ 0.6%-€25,687below the sector's middle half▼ 6.5%-€28,900below the sector's middle half-
Solvency38.6%-37.2%▼ 1.4pp33.8%within the sector's middle half▼ 3.4pp28.6%within the sector's middle half▼ 5.2pp28.0%within the sector's middle half▼ 0.6pp32.1%within the sector's middle half▲ 4.1pp35.3%within the sector's middle half▲ 3.2pp32.4%within the sector's middle half-
Current ratio0.04-0.21▲ 0.170.00below the sector's middle half▼ 0.210.00below the sector's middle half=0.02below the sector's middle half▲ 0.020.00below the sector's middle half▼ 0.020.00below the sector's middle half=0.00below the sector's middle half-
Return on assets (ROA)1.8%--2.8%▼ 4.6pp-7.3%below the sector's middle half▼ 4.5pp-7.8%below the sector's middle half▼ 0.5pp-0.4%within the sector's middle half▲ 7.4pp2.0%within the sector's middle half▲ 2.4pp0.4%within the sector's middle half▼ 1.5pp-2.9%within the sector's middle half-
above
within
below
the middle half of NACE 26, Manufacture of computer, electronic and optical products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Assets €110,128
Fixed assets
€110,072 =
Current assets
€57 =
Equity and liabilities €110,128
Equity
€35,662 ▼ 8.3%
Debt
€74,467 ▲ 4.5%
Debt's share of the balance-sheet total rises from 64.7% to 67.6%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
2.09▲
2025 · 1.83
ROE
-9.0%▼
2025 · 1.2%
Debt ≤ 1 year
€28,956▲
2025 · €25,744
Debt > 1 year
€45,510=
2025 · €45,510
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €715 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,048 | €10,048 | €10,048 | €10,047 | - | €9,341 | €9,341 | - | - |
| Other operating charges640/8 | - | - | - | - | - | - | €412 | - | - |
| Gross operating margin9900 | €13,490 | €7,713 | €1,828 | - | -€521 | €11,726 | €10,262 | -€3,213 | - |
| Operating profit (loss)9901 | €2,778 | -€4,317 | -€10,089 | -€10,047 | -€521 | €2,385 | €509 | -€3,213 | - |
| Financial income75/76B | - | - | - | - | €7 | €0 | - | - | - |
| Recurring financial income75 | - | - | - | - | €7 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | - | €33 | €41 | €44 | - | - |
| Recurring financial charges65 | - | - | €39 | - | €33 | €41 | €44 | - | - |
| Profit (loss) for the period before taxes9903 | €2,778 | -€4,317 | -€10,128 | -€10,047 | -€547 | €2,344 | €465 | -€3,213 | - |
| Profit (loss) for the period9904 | €2,778 | -€4,317 | -€10,128 | -€10,047 | -€547 | €2,344 | €465 | -€3,213 | - |
| Profit (loss) for the period to be appropriated9905 | €2,778 | -€4,317 | -€10,128 | -€10,047 | -€547 | €2,344 | €465 | -€3,213 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €158,331 | €152,593 | €138,091 | €128,044 | €128,649 | €119,482 | €110,128 | €110,128 | - |
| Fixed assets21/28 | €158,181 | €148,134 | €138,086 | €128,039 | €128,039 | €119,413 | €110,072 | €110,072 | - |
| Tangible fixed assets22/27 | €158,181 | €148,134 | €138,086 | €128,039 | €128,039 | €119,413 | €110,072 | €110,072 | - |
| Land and buildings22 | - | - | - | €128,039 | €128,039 | €119,413 | €110,072 | €110,072 | - |
| Current assets29/58 | €150 | €4,459 | €6 | €6 | €610 | €69 | €57 | €57 | - |
| Amounts receivable within one year40/41 | - | €3,642 | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €150 | €817 | €6 | €6 | €610 | €69 | €57 | €57 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €158,331 | €152,593 | €138,091 | €128,044 | €128,649 | €119,482 | €110,128 | €110,128 | - |
| Equity10/15 | €61,102 | €56,785 | €46,658 | €36,611 | €36,065 | €38,409 | €38,874 | €35,662 | - |
| Contributions10/11 | €62,000 | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | - |
| Contributions outside capital11 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | - |
| Share premium1100/10 | - | - | - | €62,000 | €62,000 | €0 | - | - | - |
| Other1109/19 | - | - | - | - | - | €62,000 | €62,000 | €62,000 | - |
| Profit (loss) carried forward14 | -€898 | -€5,215 | -€15,342 | -€25,389 | -€25,935 | -€23,591 | -€23,126 | -€26,338 | - |
| Amounts payable17/49 | €97,229 | €95,808 | €91,434 | €91,434 | €92,584 | €81,073 | €71,254 | €74,467 | - |
| Amounts payable after more than one year17 | €75,000 | €75,000 | €68,000 | €68,000 | €68,000 | €56,885 | €45,510 | €45,510 | - |
| Financial debts170/4 | - | - | - | €68,000 | €68,000 | €0 | - | - | - |
| Other amounts payable178/9 | - | - | - | - | - | €56,885 | €45,510 | €45,510 | - |
| Amounts payable within one year42/48 | €3,694 | €20,808 | €23,434 | €23,434 | €24,584 | €24,188 | €25,744 | €28,956 | - |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €23,434 | €0 | - | - | - |
| Trade debts44 | €155 | €1,223 | - | - | - | - | €557 | €557 | - |
| Suppliers440/4 | - | - | - | - | - | - | €557 | €557 | - |
| Other amounts payable47/48 | - | - | - | €23,434 | €1,150 | €24,188 | €25,187 | €28,400 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,778 | -€4,317 | -€10,128 | -€10,047 | -€547 | €2,344 | €465 | -€3,213 | - |
| + Depreciation and write-downs630 | €10,048 | €10,048 | €10,048 | €10,047 | - | €9,341 | €9,341 | - | - |
| Operating cash flow (approximation) | €12,826 | €5,731 | -€80 | €0 | -€547 | €11,685 | €9,806 | -€3,213 | - |
| Investment in fixed assets (approximation) | - | -€1 | €0 | €0 | -€0 | -€715 | €0 | - | - |
| Change in cash | - | €667 | -€811 | €0 | €604 | -€541 | -€13 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 14-07-2025 | micro format | 20-03-2026 | 2026-00062109 |
| 30-06-2025 | micro format | 26-01-2026 | 2026-00016969 |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00021224 |
| 30-06-2023 | abbreviated format | 01-08-2024 | 2024-00335361 |
| 30-06-2022 | full format | 07-12-2022 | 2022-20535179 |
| 30-06-2021 | micro format | 15-12-2021 | 2021-80500239 |
| 30-06-2020 | micro format | 21-01-2021 | 2021-02100464 |
| 30-06-2019 | abbreviated format | 20-12-2019 | 2019-76700017 |
| 30-06-2018 | abbreviated format | 17-12-2018 | 2018-74500017 |
| 30-06-2017 | abbreviated format | 08-12-2017 | 2017-71300121 |
Similar companies · same sector, comparable size
LECLERCQ STEPHANE
BE 0867.096.559
Ottignies-Louvain-la-Neuve · equity €40,361
CANALSIGN
BE 0474.093.042
Sint-Gillis (bij-Brussel) · equity €30,830
Hiraiwa
BE 0797.732.651
Watermaal-Bosvoorde · equity €43,726
C-CLICK-X
BE 0728.617.379
Herzele · equity €48,185
Atech Africa
BE 0445.476.458
Antwerpen · equity €25,930
Of the 119 active companies whose main activity is manufacture of computer, electronic and optical products (NACE 26300), figures are known for 96. 45 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.